Looking at Scandinavian taxes, we can see the tradeoffs that government provided healthcare, university tuition, parental leave, and elder care require.
In Denmark, the government automatically prepares people’s taxes. Because they already have the data they need, the tax authority calculates everyone’s income taxes and sends them notice of how much they owe or will receive as a refund. With 80%…
It is a recipe for demographic disaster when you have too many old people and not enough babies. The problem is the size of the working age population. When countries like the US are affluent enough to provide support to…
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Connecting economics with everyday life.
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